Warrnambool, Victoria

2313ML - A Strong Corporate Performer in a Vital Victorian Provincial City

SOLD

Business Description

Thereâ s 28 made over rooms in this high four star property being sold with a 30 year lease.
Corporate occupancy is running at 75% plus, and the weekend trade is well supported by the frequent events in this destination city.
Itâ s a perfect package with large airy rooms, a very comfortable and well-proportioned residence, and just a stoneâ s throw from the CBD.
Brilliant property, brilliant profit, brilliant location.

Property Code: 590

Business Summary

Marketing Agent
Reg Partington
Reg Partington

Key Investment Insights

1. 28 well-maintained and modern rooms
2. High four-star rating
3. 30-year lease included in sale
4. Corporate occupancy at 75%+
5. Strong weekend trade supported by frequent events in the city
6. Large and comfortable rooms
7. Spacious and well-proportioned residence
8. Close proximity to the CBD
9. Excellent property with high profit potential
10. Ideal location for a successful business.
Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Mercure Port of Echuca
HTL Property
Mercure Port of Echuca

ECHUCA

Expression of Interest

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Mercure Port of Echuca
Absolute Beachfront Management Rights - $410k Net Profit, Ocean View Residence | Resort Brokers ID : MR009228
Whitsunday Gateway Motel: 14 rooms, $323k avg profit, growth upside | Resort Brokers ID : FH009225
Freehold Citrus Belt Caravan Park - 88 Sites, 19% Returns, Expansion Upside | Resort Brokers ID : FH009205
Rare Established Hotel In Heart of Fortitude Valley
AN ENTIRE UNIT COMPLEX IN THE HEART OF THE WHITSUNDAYS
Fantastic growth opportunity with significant upside potential - 2908MF
34 Key Sunshine Coast Leasehold Motel
Caretaking Only Entry with Huge Multi Upside Potential - ID 8175
Exceptional Business-Only - Kangaroo Point Permanent MLR - $400K+ NOP | Resort Brokers ID : MRB009222
Rare Opportunity - Profitable - Prime Location
Exceptional Brisbane Accommodation Business with Diverse Revenue Opportunities
Business Only, Large Remuneration and 30% High Return Permanent Management Rights in Cleveland
Whitsunday Coast Freehold Going Concern Motel
A Truly Unique Noosa Eco-Retreat Opportunity | Short-Stay Zoned | Resort Brokers ID : MR009229
Luxury Coastal Management Rights - ID 9227
Confidential Off-Market Passive Investment Hotel Opportunity
23.8% Return for Business in Surfers Paradise - ID 9228